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Ontrak ( (OTRK) ) has shared an announcement.
On May 19, 2025, Ontrak, Inc. entered into an agreement with Acuitas Capital LLC to facilitate financial support through the purchase of senior secured convertible and non-convertible promissory notes. This arrangement allows Ontrak to request up to $5 million in principal amount for each type of note, with conditions ensuring the company’s efforts to raise capital through equity offerings. The agreement includes provisions for issuing warrants to purchase shares of Ontrak’s common stock, impacting the company’s financial strategy and potentially affecting its market operations.
The most recent analyst rating on (OTRK) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Ontrak stock, see the OTRK Stock Forecast page.
Spark’s Take on OTRK Stock
According to Spark, TipRanks’ AI Analyst, OTRK is a Neutral.
Ontrak’s overall score is driven by significant financial challenges, including declining revenues and persistent losses. Technical analysis shows slight positive momentum, but valuation metrics are concerning with a negative P/E ratio. The earnings call highlights potential for growth through new customer acquisitions, although this is tempered by recent revenue declines and cash flow issues.
To see Spark’s full report on OTRK stock, click here.
More about Ontrak
Average Trading Volume: 17,544
Technical Sentiment Signal: Sell
Current Market Cap: $6.66M
For detailed information about OTRK stock, go to TipRanks’ Stock Analysis page.